Rolls-Royce facing action over suspected bribes

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Rolls-Royce could face substantial fines or criminal prosecution after handing over evidence to the Serious Fraud Office of suspected bribes paid by intermediaries in foreign markets.

The engineering group said that it had turned over the results of an internal investigation after the agency demanded information about allegations of potential corruption in Indonesia and China.

The SFO is reviewing the material and deciding whether to launch a formal investigation. Rolls-Royce said that it was too early to predict the outcome, but that it could result in the company or individuals being prosecuted. “We will co-operate fully,” it said.